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Seatrain Lines, a troubled cargo-ship operator, would have foundered years ago without the aid of a friendly and very wealthy benefactor: the U.S. Government. While an emotional national debate erupted over $1.5 billion in federal loan guarantees for Chrysler, Seatrain has quietly received nearly $450 million in Government financial assistance since 1972. Despite the federal largesse, however, Seatrain last week finally ran on the rocks. Three Italian companies who together were owed more than $1 million by Seatrain pushed it into bankruptcy proceedings...

Author: /time Magazine | Title: On the Rocks | 2/23/1981 | See Source »

...think this all sounds like 8-1/2, forget it. What Allen is after is nothing less than the demolition of the concept of the artist as benefactor to mankind. Bates can no longer contemplate making his popular farces because of his determination that he has to do something about the wretchedness of this planet, but his efforts to do serious works are unsuccessful and barely tolerated. At that, the quality of his work scarcely matters because his audience applauds even his commonplace remark. He's trapped no matter what he does. When he gets a chance...

Author: By Sol LOUIS Siegel, | Title: Stardust Memories | 11/18/1980 | See Source »

...happened because they were the lucky benefactor of a numbers game. Only nine teams applied for the eight spots, and the EAIAW coaches committee (Springfield College's Dottie Zenaty, Yale's Robin Cash and New Hampshire's Jean Rilling) chose Harvard over Providence College, although the Crimson has lost to five of the seven other teams...

Author: By Bruce Shoenfeld, | Title: Stickwomen Lose, 2-0, But Earn Play-off Berth | 11/4/1980 | See Source »

...Samuel Johnson, who mixed gratitude with friendship, defended a benefactor, Henry Hervey, a reprobate despised by everyone else, including Hervey's father. "If you call a dog Hervey," said Johnson to Boswell, "I shall love him." Boswell himself, though no monster, could get on Johnson's nerves, yet Johnson loved him too. His friendship for Boswell was probably based on the need for attentive company, as was Boswell's for him on the need for the approval of an elder. Such friendships between unequals are precarious, but so are all friendships. Passion cools, pleasure fades, pity...

Author: /time Magazine | Title: Time Essay: Friends and Countrymen | 7/21/1980 | See Source »

...fact that by 1921, 30 Russian provinces were undergoing a Cambodia-like genocide. (In Lenin's lifetime, no fewer innocent civilians perished than under Hitler, and yet today American schoolchildren, who invariably regard Hitler as the greatest villain in history, look upon Lenin as Russia's benefactor.) The Western powers vied with one another to give economic and diplomatic support to the Soviet regime, which could not have survived without this aid. Europe took no notice of the fact that some 6 million people in the Ukraine and the Kuban River basin had died of hunger...

Author: /time Magazine | Title: World: Solzhenitsyn on Communism | 2/18/1980 | See Source »

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